Belvedere Trading Reduces $1M in AST SpaceMobile, Inc. ($ASTS)
Key Points
- Belvedere Trading changed its AST SpaceMobile, Inc. ($ASTS) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $ASTS is Hold and an average price target of $81.47.
- $ASTS last traded around $82.47.
Belvedere Trading reduced its position in AST SpaceMobile, Inc. ($ASTS), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of AST SpaceMobile, Inc. after selling 13,305 shares during the quarter.
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About AST SpaceMobile, Inc.
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.
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